Baltimore Ravens G.M. Ozzie Newsome announced Monday that the team has agreed to a four-year contract extension with veteran OLB Terrell Suggs. Suggs, somehow still just 31-years-old, picked up 10 sacks last season in his first full year since rupturing his Achilles prior to the team’s 2012 Super Bowl run.

The team wanted to restructure Suggs’ deal for 2014 in order to obtain more cap space, and was able to get his $7.8 million figure down to a more reasonable number. He’ll make a guaranteed $16 million over the course of the next two seasons. The final three years of the new extension are not guaranteed, but he will average a salary of $7 million over that time if he’s still around.

Baltimore had an up-and-down season in 2013 following their surprising Super Bowl win the year prior, and the team was financially hamstrung following the massive contract they gave to Joe Flacco. Suggs was a bright spot, however, as he was able to play in all 16 games after missing half of the ’12 season. He may have lost a step, but he still looked like one of the league’s premier pass-rushers at times.

Suggs indicated during the press conference Monday that he intends to finish his career with the Ravens, who drafted him in the first round out of Arizona State back in 2003. He has 94.5 career sacks, which is by far and away the most in team history. Peter Boulware (‘memba him?) is second all-time in Ravens history with 70. Suggs also has the third-most tackles in Ravens history, trailing only Ray Lewis and Ed Reed.